Cryptocurrency exchange Crypto.com recently announced a partnership with Cardlytics. Inc, to provide customers with cashback benefits. Cardlytics, a cashback rewards network with hundreds of brands and retail partners, offers cashback offers with some of the most well-known brands, such as Adidas and Airbnb.
The agreement allows Crypto.com US cardholders to earn up to 10% back in rewards on top of the Crypto.com Visa Card benefits. As a result of the collaboration, all of the crypto exchange’s US customers have been automatically enrolled in the new program.
Regarding the collaboration, Crypto.com Senior Vice President and General Manager for North America Joe Anzures said that Crypto.com Visa cards provide some of the most attractive cashback rewards in the cryptocurrency space:
“Crypto.com Visa cards offer the most attractive cash-back rewards in the market. Adding Cardlytics-powered rewards on top of it will supercharge benefits for our users.”
He added:
“We are looking forward to further driving adoption of cryptocurrency by helping our users unlock the value of their crypto for payments and earning rewards in crypto whenever they use their card.”
In the eyes of more and more businesses, cryptocurrencies are seen as “the future of finance”. As new regulations are implemented, businesses may continue to experiment with crypto cashback rewards. Aside from payments, it is possible that more companies will begin to merge cryptocurrencies into existing services.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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